Foreign direct investment in Ukraine amounted to $2.8B in H1 2021
Foreign direct investment in Ukraine amounted to $2.83 billion in the first half of 2021, according to Prime Minister Denys Shmyhal.
Economy - Latest news
04 October 2021
Gas TSO of Ukraine refutes reports about resumption of gas transit to Hungary
CEO of the Gas Transmission System Operator of Ukraine (GTSOU) Sergiy Makogon has said that reports spread by some media outlets about the alleged resumption of gas transit from Russia to Hungary through Ukraine are not true.
NBU purchased $15M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $15 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.
02 October 2021
Ukraine, Malta lift restrictions on scheduled air services
The Ministry of Infrastructure of Ukraine and the Ministry for Transport, Infrastructure and Capital Projects of Malta have agreed to mutually lift the existing restrictions on scheduled air services between the two countries.
President Zelensky signs law on reforming Ukroboronprom
President of Ukraine Volodymyr Zelensky has signed the law on reforming Ukroboronprom, which will complete a long and difficult process of drafting a new legislative framework for the development of the Ukrainian defense industry.
Ukraine has sufficient gas stocks ahead of winter - Ukrtransgaz
Ukraine is approaching the heating season with sufficient gas stocks in its underground storage facilities to ensure a stable 2021-2022 heating season, according to the press service of JSC Ukrtransgaz.
01 October 2021
Ukraine opens pavilion at Expo 2020 Dubai
Ukraine Pavilion opened at Expo 2020 Dubai, which is the largest exhibition event and brings together more than 190 countries, international organizations, and the world’s largest innovation campaigns.
Hungarian PM comments on Ukraine's criticism of Russian gas deal
Hungarian Prime Minister Viktor Orban has dismissed Ukraine's criticism of a long-term gas supply agreement signed by Budapest with Russia's Gazprom, according to Reuters.
Development of industrial parks will help create jobs - Chernyshov
An effective regional network of industrial parks can create thousands of new jobs in the regions, which will strengthen the economic potential of territorial communities and create added value for Ukrainian production, Communities and Territories Development Minister Oleksiy Chernyshov has said.
Bloomberg: Hryvnia among best-performing currencies in 2021
Ukrainian hryvnia is among the ten best-performing currencies in the world against the U.S. dollar in 2021.
Over 40 people convicted of illegal logging in Ukraine this year
Forty-three organizers of illegal logging schemes, including high-ranking officials of state forestry enterprises, have been convicted in Ukraine since the beginning of this year, Ukraine's SBU State Security Service has told Ukrinform.
Share of NPLs in Ukraine banks down to 35% - NBU
In the banking sector of Ukraine, the share of non-performing loans (NPLs) as of September 1, 2021, decreased to 35% against 36.3% as of August 1.
Gazprom halts natural gas transit to Hungary via Ukraine - GTSOU
Natural gas transit through Ukraine to Hungary was halted at 07:00 on October 1, 2021, the Gas Transmission System Operator of Ukraine (GTSOU) has told Ukrinform.
30 September 2021
Latvian air carrier to pay UAH 150,000 in debt to UkSATSE, court rules
The Commercial Court of Kyiv Region upheld the claim filed by the Prosecutor’s Office of the Autonomous Republic of Crimea and ordered the Latvia-based airline, Primera Air Nordic, to pay Ukraine a debt of UAH 150,000 (over $5,600) for air navigation services during flights over the Black Sea.
Ministry of Finance redeems $1 B US guaranteed Eurobonds
On September 29, the Ministry of Finance of Ukraine repaid the US guaranteed notes to the tune of USD 1 billion.
Zelensky: Only 4% of municipal solid waste sorted in Ukraine
Only 4% of municipal solid waste is sorted in Ukraine, this area needs to be reformed.
Kuleba: 137 Ukrainian companies entered foreign markets over the past year and a half
With the assistance of the Ministry for Foreign Affairs of Ukraine, 137 Ukrainian companies have managed to enter foreign markets over the past year and a half.
President: Gas and heat tariffs for population won’t soar until heating season ends
The Cabinet of Ministers, NJSC Naftogaz of Ukraine, the Association of Ukrainian Cities, and the Congress of Local and Regional Authorities will sign a memorandum that will allow not to raise heat and hot water tariffs for the population until the end of the heating season.
NBU registered 23 debt collection companies
The National Bank of Ukraine (NBU) has officially registered 23 debt collection companies, according to NBU Governor Kyrylo Shevchenko.
Business protection office to be established at Interior Ministry - Monastyrsky
The Interior Ministry of Ukraine is planning to create another subdivision at the ministry – the Office of Business Protection, according to Interior Minister Denys Monastyrsky.
Ukraine-Australia trade in goods grew threefold in Jan-July 2021
In January-July 2021, the volume of trade in goods between Ukraine and Australia grew threefold compared to the same period last year, up to $117.9 million.
Razumkov signs law on stimulating activities of farms
Chairman of the Verkhovna Rada of Ukraine Dmytro Razumkov has signed a law on stimulating the activities of farms, Ukrinform reports, referring to the parliament’s website.
29 September 2021
Ukraine’s ban on power imports from Russia, Belarus extended until November
Ukraine’s energy regulator has extended until November 1 the ban, imposed in May this year, on electricity imports from Russia and Belarus.
Ukraine plans to import 600,000 tonnes of coal in October
In October, Ukraine plans to import 600,000 tonnes of coal, according to Minister of Energy German Galushchenko.
NSDC ready to help build cyber defense in Ukraine's energy sector
The National Coordination Center for Cybersecurity at Ukraine's National Security and Defense Council is ready to provide the Ministry of Energy with its capabilities to implement cyber security measures in the energy sector at an early stage, the NSDC has reported on Facebook.
Ukrtransgaz, GTSOU to explore hydrogen market in Ukraine
JSC Ukrtransgaz and the Gas Transmission System Operator of Ukraine (GTSOU) have signed a memorandum of cooperation in studying the possibilities of the market of renewable gases in Ukraine, including hydrogen, biomethane and synthetic methane, Ukrtransgaz has reported.
Ukraine’s MFA suggests organizing business mission of Kuwaiti companies
Ukraine and Kuwait have significant potential to increase trade and cooperation in attracting investment.
Ukraine's envoy to Japan sees no obstacles to signing FTA
Ambassador of Ukraine to Japan Serhiy Korsunsky sees no obstacles to concluding a Free Trade Agreement with Japan.
Ukraine has 18.7 bcm of gas in USFs ahead of heating season
As of September 28, a total of 18.7 billion cubic meters of natural gas has been pumped into underground gas storage facilities,
Nemchinov: There are no reasons for raising utility tariffs
Minister of the Cabinet of Ministers Oleh Nemchinov has said that currently there are no reasons for raising utility tariffs.